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Biotech / Medical : PFE (Pfizer) How high will it go?
PFE 25.88+1.2%2:40 PM EST

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To: MIKE DUBIS who wrote (418)12/12/1997 1:54:00 PM
From: BigKNY3  Read Replies (2) of 9523
 
Mike: <<What do you think near term?>>

In a downer market, PFE is really holding its own.

The correlation betwen PFE and Big Pharma is a positive 54%. In a down market, you would expect PFE to drop 1-2 points near its high. This week, PFE is treading water. Short-term, a Trovan approval and more Viagra news will bring PFE to new highs...as long as the Asian flu does not become chronic.

BigKNY3
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